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KateKosinova
Level 1

Multiple companies

Hello!

I have 3 conpanies and I want to start working with QB. Please, help me to choice a better version for me. I can`t contact with QB support.

Is there a way to have 3 company files in one program? I need to have consolidated financial reports.

5 Comments 5
Fiat Lux - ASIA
Level 15

Multiple companies

Any respond to your first posting?

https:// quickbooks.intuit.com/learn-support/en-us/account-management/more-than-one-company-in-one-in-qb/00/922558

 

You have to use chat service or the callback option to communicate with Support. Otherwise, contact us in private if you are not located in the US.

Ethel_A
QuickBooks Team

Multiple companies

Greetings, @KateKosinova.

 

I'm here to help you and make sure that you'll be able to consolidate your financial reports for 3 companies.

 

If your three companies have different EINs,  each needs to have a separate company file in order to have the taxes recorded correctly. You can just choose the industry of your business. Take a look at this article for more information: Create QuickBooks Desktop Company file: Overview

 

To learn more about QuickBooks Desktop, click on this link: https://downloads.quickbooks.com/app/qbdt/products

 

Now, to have consolidated financial reports, follow these steps:

 

  1. From the Reports menu, choose Combine Reports from Multiple Companies.
  2. Select Add Files and choose the other company file, then click Open. Repeat the steps for additional files.
  3. Choose the reports that you need to combine.
  4. Adjust the date range of the report.
  5. Click the Combine Reports in Excel to open an Excel spreadsheet with the combined information.

 

 

Another option is using a third-party application that can combine reports from multiple company files. You can search from the Intuit Marketplace.

 

The last option is to export the reports from each company file and combine them using an Excel file. Here is an article you can refer to in exporting reports: Export reports as Excel workbooks in QuickBooks Desktop.

 

I also want to include this article to learn more on how to consolidate reports from multiple companies: Combine reports from multiple company files.

 

Just click on the Reply button if you have more questions about using QuickBooks Desktop for 3 companies. I'm always here to help. 

Madronascliff
Level 1

Multiple companies

Is it possible to do consolidated financial statements in Quickbooks Online?

CarlSJ
QuickBooks Team

Multiple companies

Creating consolidated financial statements in QuickBooks Online (QBO) is currently unavailable, @Madronascliff.

 

However, you can find a third-party application for managing multiple financial data. Then, integrate it with your QBO account.

 

Here's how to access the Apps tab within QBO:

 

  1. Sign in to your QBO account.
  2. Go to the Apps tab and select Find Apps.
  3. Search for an app you want to integrate into QuickBooks.

    Apps_Tab.png

 

Also, you can access the QuickBooks App Store to find an app that fits your needs.

 

On the other hand, you can also have the option to manually combine financial statements by exporting your financial reports into an Excel file from your QBO company and then manually combining each data.

 

Here's how to export a report to Excel within QBO:

 

  1. Go to the Reports tab and select Balance Sheet.

    Reports_Tab.png

  2. Adjust the Report Period or other necessary details if needed. Then click Run Report.

    RunReport.png

  3. Click on the Export icon on the report and select Export to Excel.

    Export.png

 

Furthermore, you can check out this article to learn how to save the current customization of your report for future needs: Memorize reports in QBO.

 

It's my pleasure to offer you further help with consolidated financial statements. Let us know below. Have a great day.

Deity Alpha
Level 4

Multiple companies

@Madronascliff 

You can use a BI app to do so.

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